Monthly Archives: March 2024
41654156156USD/JPY Drops On BoJ’s Negative Rate Exit Speculation
Written on March 12, 2024 at 1:48 am, by jonywang
Fundamental Analysis * Firm Rate Hike Bets: USD/JPY continue to extend its losing streak amid increasing expectation that the BoJ will shift away from its expansionary interest rate stance in the March monetary policy meeting. BoJ officials have suggested a prolonged period of favorable wage trends, aiming to maintain inflation consistently above the 2% target.Continue Reading
Gold Surges To Record Highs As Gloomy Outlook
Written on March 11, 2024 at 4:35 am, by jonywang
Market Summary The US Dollar faces challenges as key employment indicators present a mixed picture, with a disappointing unemployment rate and hourly earnings figures contrasting with a robust non-farm payroll report. The US Unemployment rate and Average Hourly Earnings came in at 3.90% and 0.10%, respectively, both worse than the expected 3.70% and 0.2%. However,Continue Reading
New Product Launch
Written on March 11, 2024 at 3:48 am, by lucaszhang
Dear Valued Client, We are pleased to announce that PU Prime will launch new products of Metals on 18th March 2024 to provide clients with a broader portfolio of products. Please refer to the table below outlining the new instrument: *All dates are provided in GMT+3 (Server Time in MT4/MT5.) Please note that the aboveContinue Reading
